Main barriers and trends in electronic commerce

Question 1 A Marks: 1 Major barriers to EC include each of the following except Choose one answer. |[pic] |a. competition. | | |[pic] |b. lack of potential customers. | | |[pic] |c. implementation difficulties. | | |[pic] |d. lack of technology skills. | | Incorrect Marks for this submission: 0/1. Question 2 B Marks: 1 Because the pace of change and level of uncertainty in the marketplace are expected to accelerate, organizations are Choose one answer. |[pic] |a. unable to react quickly enough to threats and opportunities. | | |[pic] |b. operating under increasing pressures to produce more products, faster, and with fewer resources. | |[pic] |c. making fewer decisions and/or decisions less frequently. | | |[pic] |d. considering less information when making decisions. | | Incorrect Marks for this submission: 0/1. Question 3 Marks: 1 G2B occurs when Choose one answer. |[pic] |a. a government entity buys or provides goods, services, or information from or to individual citizens. | | |[pic] |b. a government entity buys or provides goods, services, or information from or to businesses. | | |[pic] |c. a government entity buys or provides goods, services, or information from or to other governments. | | |[pic] |d. government entity buys or provides goods, services, or information from or to nonprofit organizations. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 Net-A-Porter's online store is an example of Choose one answer. |[pic] |a. business-to-employees EC. | | |[pic] |b. business-to-consumer EC. | | |[pic] |c. business-to-business EC. | | |[pic] |d. consumer-to-consumer EC. | | Correct Marks for this submission: 1/1. Question 5 C Marks: 1 A business that provides some product or service to a client business that maintains its own customers best describes the E-commerce model of Choose one answer. |[pic] |a. onsumer-to-business. | | |[pic] |b. intrabusiness EC. | | |[pic] |c. business-to-business-to-consumer. | | |[pic] |d. business-to-business. | | Incorrect Marks for this submission: 0/1. Question 6 Marks: 1 Which of the following consists of the creation of high-quality content and services produced by gifted individuals using Web 2. 0 technology as an enabling platform and is used to describe the future of the World Wide Web? Choose one answer. |[pic] |a. Level 2. 0 | | |[pic] |b. Web 4. 0 | | |[pic] |c. Web 3. 0 | | |[pic] |d. Web 5. 0 | | Correct Marks for this submission: 1/1. Question 7 C Marks: 1

An electronic storefront includes several mechanisms that are needed for conducting the sale. The most common mechanisms include each of the following except Choose one answer. |[pic] |a. electronic catalog. | | |[pic] |b. search engine. | | |[pic] |c. supply chain. | | |[pic] |d. payment gateway. | | Incorrect Marks for this submission: 0/1. Question 8 Marks: 1 Which of the following refers to communities organized by interest, such as hobbies, technical topic, vocations, political parties, or trade unions? Choose one answer. |[pic] |a. association portals | | |[pic] |b. affinity portals | | [pic] |c. communities of practice | | |[pic] |d. virtual worlds | | Correct Marks for this submission: 1/1. Question 9 Marks: 1 A private e-marketplace in which one company sells either standard and/or customized products to qualified companies best defines Choose one answer. |[pic] |a. buy-side e-marketplace. | | |[pic] |b. sell-side e-marketplace. | | |[pic] |c. Webstore. | | |[pic] |d. hidden e-marketplace. | | Correct Marks for this submission: 1/1. Question 10 Marks: 1 EC activities include Choose one answer. |[pic] |a. trading, buy, sell, and exchange. | | |[pic] |b. ommunicate, collaborate, and learn. | | |[pic] |c. improve performance. | | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 1 Marks: 1 An e-commerce model in which all the participants are businesses or other organizations describes Choose one answer. |[pic] |a. business-to-consumer. | | |[pic] |b. business-to-business. | | |[pic] |c. business-to-business-to-consumer. | | |[pic] |d. consumer-to-business. | | Correct Marks for this submission: 1/1. Question 2 Marks: 1 Because the pace of change and level of uncertainty in the marketplace are expected to accelerate, organizations are Choose one answer. [pic] |a. unable to react quickly enough to threats and opportunities. | | |[pic] |b. operating under increasing pressures to produce more products, faster, and with fewer resources. | | |[pic] |c. making fewer decisions and/or decisions less frequently. | | |[pic] |d. considering less information when making decisions. | | Correct Marks for this submission: 1/1. Question 3 Marks: 1 Depending on the degree of digitization, EC can take several forms including Choose one answer. |[pic] |a. the ordering system, processing, and shipping method. | | |[pic] |b. the business process, the collaboration, and the transaction. | |[pic] |c. the payment method, the delivery method, and the production method. | | |[pic] |d. the marketing channel, the agent, and the collaboration method. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 Each of the following is a non-technological limitation of EC except Choose one answer. |[pic] |a. software development tools are still evolving. | | |[pic] |b. lack of trust in EC and in unknown sellers hinders buying. | | |[pic] |c. people do not yet sufficiently trust paperless, faceless transactions. | | |[pic] |d. online fraud is increasing. | | Correct Marks for this submission: 1/1.

Question 5 Marks: 1 Large organizational buyers make large-volume or large-value purchases through ________, also known as reverse auctions. Choose one answer. |[pic] |a. electronic tendering systems | | |[pic] |b. online direct marketing | | |[pic] |c. name-your-own-price models | | |[pic] |d. viral marketing | | Correct Marks for this submission: 1/1. Question 6 Marks: 1 Online markets that are owned and operated by a single company and that are either sell-side or buy-side are known as Choose one answer. |[pic] |a. rivate e-marketplaces. | | |[pic] |b. commercial portals. | | |[pic] |c. e-malls. | | |[pic] |d. B2B marketplaces. | | Correct Marks for this submission: 1/1. Question 7 Marks: 1 The practice of identifying and enabling specific content across the enterprise to be indexed, searched, and displayed to authorized users best describes Choose one answer. |[pic] |a. desktop search. | | |[pic] |b. enterprise search. | | |[pic] |c. web search. | | |[pic] |d. portal search. | | Correct Marks for this submission: 1/1. Question 8 Marks: 1 Which is not a popular search engine? Choose one answer. |[pic] |a. Google | | [pic] |b. Linux | | |[pic] |c. AltaVista | | |[pic] |d. Lycos | | Correct Marks for this submission: 1/1. Question 9 Marks: 1 Which of the following is a social software tool? Choose one answer. |[pic] |a. auctions | | |[pic] |b. blogs | | |[pic] |c. shopping carts | | |[pic] |d. e-catalogs | | Correct Marks for this submission: 1/1. Question 10 Marks: 1 The entertainment EC activity is supported by Choose one answer. |[pic] |a. Web 2. 0 tools. | | |[pic] |b. e-auctions. | | |[pic] |c. electronic markets. | | |[pic] |d. storefronts. | |

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Correct Marks for this submission: 1/1. Question 1 Marks: 1 A method of doing business by which a company can generate revenue to sustain itself best defines Choose one answer. |[pic] |a. marketing strategy. | | |[pic] |b. business model. | | |[pic] |c. value chain. | | |[pic] |d. business plan. | | Correct Marks for this submission: 1/1. Question 2 Marks: 1 EC classifications include Choose one answer. |[pic] |a. business-to-business. | | |[pic] |b. business-to-consumer. | | |[pic] |c. consumer-to-business. | | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 3 Marks: 1

Boeing designing a product together with one of its business partners is an example of Choose one answer. |[pic] |a. collaborative commerce. | | |[pic] |b. business-to-business commerce. | | |[pic] |c. consumer-to-business commerce. | | |[pic] |d. business-to-employees commerce. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 According to the Business Environment and Performance Model, drivers for organizations include Choose one answer. |[pic] |a. the organization's mission. | | |[pic] |b. problems from the business environment. | | |[pic] |c. the organization's strategy. | | |[pic] |d. all of the above. | |

Correct Marks for this submission: 1/1. Question 5 C Marks: 1 According to the ________ revenue model, companies receive commissions for referring customers to others' EC websites. Choose one answer. |[pic] |a. advertising fees | | |[pic] |b. subscription fees | | |[pic] |c. affiliate fees | | |[pic] |d. transaction fees | | Incorrect Marks for this submission: 0/1. Question 6 Marks: 1 An auction in which the buyer places an item for bid on a request for quote system, potential suppliers bid on the job, with the price reducing sequentially, and the lowest bid wins; this describes Choose one answer. [pic] |a. forward auctions. | | |[pic] |b. reverse auctions. | | |[pic] |c. bidding auction system. | | |[pic] |d. tendering system. | | Correct Marks for this submission: 1/1. Question 7 Marks: 1 An auction in which a seller entertains bids from buyers, and the bidders increase price sequentially best defines Choose one answer. |[pic] |a. forward auctions. | | |[pic] |b. reverse auctions. | | |[pic] |c. bidding auction system. | | |[pic] |d. tendering system. | | Correct Marks for this submission: 1/1. Question 8 Marks: 1 Each of the following is a true statement about public e-marketplaces except Choose one answer. [pic] |a. public marketplaces are usually B2B markets. | | |[pic] |b. public marketplaces are often owned by a third party. | | |[pic] |c. public marketplaces are not regulated by the government. | | |[pic] |d. public marketplaces serve many sellers and buyers. | | Correct Marks for this submission: 1/1. Question 9 Marks: 1 A combination of two or more websites into a single website that provides the content of both sites to deliver a novel product to consumers best defines Choose one answer. |[pic] |a. blog. | | |[pic] |b. mashup. | | |[pic] |c. podcast. | | |[pic] |d. wiki. | | Correct

Marks for this submission: 1/1. Question 10 Marks: 1 Which of the following is a social software tool? Choose one answer. |[pic] |a. auctions | | |[pic] |b. blogs | | |[pic] |c. shopping carts | | |[pic] |d. e-catalogs | | Correct Marks for this submission: 1/1. Question 1 Marks: 1 Benefits of EC to organizations include each of the following except Choose one answer. |[pic] |a. cost reduction. | | |[pic] |b. closing the digital divide. | | |[pic] |c. supply chain improvements. | | |[pic] |d. efficient procurement. | | Correct Marks for this submission: 1/1. Question 2

Marks: 1 Commercial activities conducted on Facebook best describes Choose one answer. |[pic] |a. social commerce. | | |[pic] |b. c-commerce. | | |[pic] |c. business-to-consumer commerce. | | |[pic] |d. f-commerce. | | Correct Marks for this submission: 1/1. Question 3 Marks: 1 Organizations that conduct their business activities solely online are Choose one answer. |[pic] |a. click-and-mortar organizations. | | |[pic] |b. pure-play organizations. | | |[pic] |c. brick-and-mortar organizations. | | |[pic] |d. unrestricted commerce organizations. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1

Large organizational buyers make large-volume or large-value purchases through ________, also known as reverse auctions. Choose one answer. |[pic] |a. electronic tendering systems | | |[pic] |b. online direct marketing | | |[pic] |c. name-your-own-price models | | |[pic] |d. viral marketing | | Correct Marks for this submission: 1/1. Question 5 Marks: 1 Selling corporate products to one's employees is an example of Choose one answer. |[pic] |a. business-to-consumer. | | |[pic] |b. intrabusiness EC. | | |[pic] |c. business-to-business-to-consumer. | | |[pic] |d. ollaborative commerce. | | Correct Marks for this submission: 1/1. Question 6 Marks: 1 Traditional and electronic markets have three main functions, which include each of the following except Choose one answer. |[pic] |a. matching buyers and sellers. | | |[pic] |b. facilitating the exchange of information, goods, services, and payments associated with market transactions. | | |[pic] |c. financing the transformation of raw materials into finished products. | | |[pic] |d. providing an institutional infrastructure, such as a legal and regulatory framework that enables the efficient | | | |functioning of the market. | Correct Marks for this submission: 1/1. Question 7 Marks: 1 Which of the following is a global, multilanguage, social network popular in Asia and parts of Europe, Africa, and South America? Choose one answer. |[pic] |a. Hi5. com | | |[pic] |b. Piczo. com | | |[pic] |c. Friendsreunited. co. uk | | |[pic] |d. Iwiw. net | | Correct Marks for this submission: 1/1. Question 8 Marks: 1 Which of the following consists of the creation of high-quality content and services produced by gifted individuals using Web 2. technology as an enabling platform and is used to describe the future of the World Wide Web? Choose one answer. |[pic] |a. Level 2. 0 | | |[pic] |b. Web 4. 0 | | |[pic] |c. Web 3. 0 | | |[pic] |d. Web 5. 0 | | Correct Marks for this submission: 1/1. Question 9 Marks: 1 A private e-marketplace in which one company sells either standard and/or customized products to qualified companies best defines Choose one answer. |[pic] |a. buy-side e-marketplace. | | |[pic] |b. sell-side e-marketplace. | | |[pic] |c. Webstore. | | |[pic] |d. hidden e-marketplace. | | Correct Marks for this submission: 1/1. Question 10

Marks: 1 A virtual world is Choose one answer. |[pic] |a. a user-defined world in which people can interact, play, and do business. | | |[pic] |b. a single point of access, through a Web browser, to critical business information located inside and outside (via | | | |Internet) an organization. | | |[pic] |c. a social network whose major interest is business topics. | | |[pic] |d. a combination of two or more websites into a single website that provides the content of both sites to deliver a novel| | | |product to consumers. | | Correct Marks for this submission: 1/1. Question 1 Marks: 1 EC classifications include

Choose one answer. |[pic] |a. business-to-business. | | |[pic] |b. business-to-consumer. | | |[pic] |c. consumer-to-business. | | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 2 Marks: 1 Depending on the degree of digitization, EC can take several forms including Choose one answer. |[pic] |a. the ordering system, processing, and shipping method. | | |[pic] |b. the business process, the collaboration, and the transaction. | | |[pic] |c. the payment method, the delivery method, and the production method. | | |[pic] |d. the marketing channel, the agent, and the collaboration method. | Correct Marks for this submission: 1/1. Question 3 Marks: 1 Boeing designing a product together with one of its business partners is an example of Choose one answer. |[pic] |a. collaborative commerce. | | |[pic] |b. business-to-business commerce. | | |[pic] |c. consumer-to-business commerce. | | |[pic] |d. business-to-employees commerce. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 When Apple conducts online transactions with its trading partners, this is an example of Choose one answer. |[pic] |a. B2B. | | |[pic] |b. B2C. | | |[pic] |c. e-CRM. | | |[pic] |d. EDI. | | Correct

Marks for this submission: 1/1. Question 5 Marks: 1 A category of Internet applications that help connect friends, business partners, or individuals with specific interests by providing free services such as photo presentation, e-mail, blogging, and so on using a variety of tools best defines Choose one answer. |[pic] |a. social networking. | | |[pic] |b. enterprise networks. | | |[pic] |c. community networks. | | |[pic] |d. intranets. | | Correct Marks for this submission: 1/1. Question 6 Marks: 1 Traditional and electronic markets have three main functions, which include each of the following except Choose one answer. [pic] |a. matching buyers and sellers. | | |[pic] |b. facilitating the exchange of information, goods, services, and payments associated with market transactions. | | |[pic] |c. financing the transformation of raw materials into finished products. | | |[pic] |d. providing an institutional infrastructure, such as a legal and regulatory framework that enables the efficient | | | |functioning of the market. | | Correct Marks for this submission: 1/1. Question 7 Marks: 1 A virtual world is Choose one answer. |[pic] |a. a user-defined world in which people can interact, play, and do business. | | |[pic] |b. single point of access, through a Web browser, to critical business information located inside and outside (via | | | |Internet) an organization. | | |[pic] |c. a social network whose major interest is business topics. | | |[pic] |d. a combination of two or more websites into a single website that provides the content of both sites to deliver a novel| | | |product to consumers. | | Correct Marks for this submission: 1/1. Question 8 Marks: 1 McKinsey and Company's trend predictions include(s) Choose one answer. |[pic] |a. distributed cocreation moves into the mainstream. | | |[pic] |b. magining anything as a service. | | |[pic] |c. innovation coming from the bottom of the pyramid. | | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 9 Marks: 1 EC activities include Choose one answer. |[pic] |a. trading, buy, sell, and exchange. | | |[pic] |b. communicate, collaborate, and learn. | | |[pic] |c. improve performance. | | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 10 C Marks: 1 Types of virtual communities include each of the following except Choose one answer. |[pic] |a. relations or practices. | | |[pic] |b. virtual worlds. | | [pic] |c. mashups. | | |[pic] |d. social networks. | | Incorrect Marks for this submission: 0/1. Question 1 Marks: 1 Net-A-Porter's online store is an example of Choose one answer. |[pic] |a. business-to-employees EC. | | |[pic] |b. business-to-consumer EC. | | |[pic] |c. business-to-business EC. | | |[pic] |d. consumer-to-consumer EC. | | Correct Marks for this submission: 1/1. Question 2 Marks: 1 The second generation of Internet-based services that lets people collaborate and share information online in new ways, such as social networks, wikis, communication tools, and folksonomies, best describes Choose one answer. [pic] |a. Virtual Web. | | |[pic] |b. Media Web. | | |[pic] |c. Web 2. 0. | | |[pic] |d. Social Web. | | Correct Marks for this submission: 1/1. Question 3 Marks: 1 Reasons EC companies fail include Choose one answer. |[pic] |a. lack of financial skills. | | |[pic] |b. little experience with marketing. | | |[pic] |c. not ensuring they have the inventory and distribution setup to meet the fluctuating and increasing demand for their | | | |products. | | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 Major barriers to EC include each of the following except

Choose one answer. |[pic] |a. competition. | | |[pic] |b. lack of potential customers. | | |[pic] |c. implementation difficulties. | | |[pic] |d. lack of technology skills. | | Correct Marks for this submission: 1/1. Question 5 Marks: 1 An online marketplace where buyers and sellers meet to exchange goods, services, money, or information best defines Choose one answer. |[pic] |a. electronic marketplace. | | |[pic] |b. farmers market. | | |[pic] |c. digital marketplace. | | |[pic] |d. webinar. | | Correct Marks for this submission: 1/1. Question 6 Marks: 1 EC activities include Choose one answer. [pic] |a. trading, buy, sell, and exchange. | | |[pic] |b. communicate, collaborate, and learn. | | |[pic] |c. improve performance. | | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 7 Marks: 1 Which of the following is a global, multilanguage, social network popular in Asia and parts of Europe, Africa, and South America? Choose one answer. |[pic] |a. Hi5. com | | |[pic] |b. Piczo. com | | |[pic] |c. Friendsreunited. co. uk | | |[pic] |d. Iwiw. net | | Correct Marks for this submission: 1/1.

Question 8 Marks: 1 Electronic intermediaries that provide and/or control information flow in cyberspace, often aggregating information and selling it to others, best defines Choose one answer. |[pic] |a. infomediaries. | | |[pic] |b. knowledge managers. | | |[pic] |c. metamediary. | | |[pic] |d. Webstore. | | Correct Marks for this submission: 1/1. Question 9 Marks: 1 Which of the following consists of the creation of high-quality content and services produced by gifted individuals using Web 2. 0 technology as an enabling platform and is used to describe the future of the World Wide Web?

Choose one answer. |[pic] |a. Level 2. 0 | | |[pic] |b. Web 4. 0 | | |[pic] |c. Web 3. 0 | | |[pic] |d. Web 5. 0 | | Correct Marks for this submission: 1/1. Question 10 Marks: 1 A(an) ________ is a single point of access, through a Web browser, to critical business information located inside and outside (via Internet) an organization. Choose one answer. |[pic] |a. browser | | |[pic] |b. intermediary | | |[pic] |c. Web portal | | |[pic] |d. search engine | | Correct Marks for this submission: 1/1 Question 1 C

A business that provides some product or service to a client business that maintains its own customers best describes the E-commerce model of Choose one answer. |[pic] |a. consumer-to-business. | | |[pic] |b. intrabusiness EC. | | |[pic] |c. business-to-business-to-consumer. | | |[pic] |d. business-to-business. | | Incorrect Marks for this submission: 0/1. Question 2 Marks: 1 According to the Business Environment and Performance Model, drivers for organizations include Choose one answer. |[pic] |a. the organization's mission. | | |[pic] |b. problems from the business environment. | | |[pic] |c. the organization's strategy. | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 3 Marks: 1 Reasons EC companies fail include Choose one answer. |[pic] |a. lack of financial skills. | | |[pic] |b. little experience with marketing. | | |[pic] |c. not ensuring they have the inventory and distribution setup to meet the fluctuating and increasing demand for their | | | |products. | | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 The success of the entrepreneurial company JetPens was due to keeping costs low by each of the following methods except Choose one answer. [pic] |a. using open source free software. | | |[pic] |b. advertising via e-mail. | | |[pic] |c. giving away free samples via social networks. | | |[pic] |d. using smart key words to rank high with search engines. | | Incorrect Marks for this submission: 0/1. Question 5 Marks: 1 Which of the following is a technological limitation of EC? Choose one answer. |[pic] |a. security and privacy concerns that deter customers from buying | | |[pic] |b. difficulty obtaining venture capital | | |[pic] |c. rder fulfillment requirements of large-scale B2C | | |[pic] |d. unresolved taxation, public policy, and legal issues | | Correct Marks for this submission: 1/1. Question 6 A Marks: 1 A virtual world is Choose one answer. |[pic] |a. a user-defined world in which people can interact, play, and do business. | | |[pic] |b. a single point of access, through a Web browser, to critical business information located inside and outside (via | | | |Internet) an organization. | | |[pic] |c. a social network whose major interest is business topics. | | |[pic] |d. combination of two or more websites into a single website that provides the content of both sites to deliver a novel| | | |product to consumers. | | Incorrect Marks for this submission: 0/1. Question 7 A Marks: 1 The portion of an e-seller's business through which customers interact, including the seller's portal, electronic catalogs, shopping cart, and payment gateway is referred to as the ________ of the business. Choose one answer. |[pic] |a. front end | | |[pic] |b. back end | | |[pic] |c. infrastructure | | |[pic] |d. intermediary | | Incorrect Marks for this submission: 0/1. Question 8

Marks: 1 B Activities related to order aggregation and fulfillment, inventory management, purchasing from suppliers, accounting and finance, packaging, and delivery are done in what is termed the ________ of the business. Choose one answer. |[pic] |a. front end | | |[pic] |b. back end | | |[pic] |c. infrastructure | | |[pic] |d. intermediary | | Incorrect Marks for this submission: 0/1. Question 9 Marks: 1 A method for Internet users to store, organize, search, and manage bookmarks of Web pages on the Internet with the help of metadata best defines Choose one answer. |[pic] |a. tagging. | | |[pic] |b. iltering. | | |[pic] |c. social bookmarking. | | |[pic] |d. intermediating. | | Correct Marks for this submission: 1/1. Question 10 Marks: 1 The emergence of electronic marketplaces changed several of the processes used in trading and supply chains including Choose one answer. |[pic] |a. lowering information search time and cost for buyers. | | |[pic] |b. the ability of buyers, sellers, and the virtual market to each be in a different location. | | |[pic] |c. the ability for EC to leverage capabilities with increased effectiveness and lower transaction and distribution costs,| | | |leading to more efficient "friction-free" markets. | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 1 Marks: 1 Organizations that conduct their business activities solely online are Choose one answer. |[pic] |a. click-and-mortar organizations. | | |[pic] |b. pure-play organizations. | | |[pic] |c. brick-and-mortar organizations. | | |[pic] |d. unrestricted commerce organizations. | | Correct Marks for this submission: 1/1. Question 2 Marks: 1 Commercial activities conducted on Facebook best describes Choose one answer. |[pic] |a. social commerce. | | |[pic] |b. c-commerce. | | |[pic] |c. business-to-consumer commerce. | |[pic] |d. f-commerce. | | Correct Marks for this submission: 1/1. Question 3 Marks: 1 An e-commerce model in which all the participants are businesses or other organizations describes Choose one answer. |[pic] |a. business-to-consumer. | | |[pic] |b. business-to-business. | | |[pic] |c. business-to-business-to-consumer. | | |[pic] |d. consumer-to-business. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 A corporate or government network that uses Internet tools, such as Web browsers, and Internet protocols best defines Choose one answer. |[pic] |a. social network. | | |[pic] |b. xtranet. | | |[pic] |c. intranet. | | |[pic] |d. e-market. | | Correct Marks for this submission: 1/1. Question 5 Marks: 1 A business that provides some product or service to a client business that maintains its own customers best describes the E-commerce model of Choose one answer. |[pic] |a. consumer-to-business. | | |[pic] |b. intrabusiness EC. | | |[pic] |c. business-to-business-to-consumer. | | |[pic] |d. business-to-business. | | Correct Marks for this submission: 1/1. Question 6 Marks: 1 Prices that change based on supply and demand relationships at any given time best defines Choose one answer. [pic] |a. dynamic pricing. | | |[pic] |b. commodity pricing. | | |[pic] |c. pre-shopping. | | |[pic] |d. negotiation. | | Correct Marks for this submission: 1/1. Question 7 Marks: 1 An auction in which a seller entertains bids from buyers, and the bidders increase price sequentially best defines Choose one answer. |[pic] |a. forward auctions. | | |[pic] |b. reverse auctions. | | |[pic] |c. bidding auction system. | | |[pic] |d. tendering system. | | Correct Marks for this submission: 1/1. Question 8 Marks: 1 EC activities include Choose one answer. |[pic] |a. trading, buy, sell, and exchange. | |[pic] |b. communicate, collaborate, and learn. | | |[pic] |c. improve performance. | | |[pic] |d. all of the above. | | Correct Marks for this submission: 1/1. Question 9 Marks: 1 Traditional and electronic markets have three main functions, which include each of the following except Choose one answer. |[pic] |a. matching buyers and sellers. | | |[pic] |b. facilitating the exchange of information, goods, services, and payments associated with market transactions. | | |[pic] |c. financing the transformation of raw materials into finished products. | | |[pic] |d. providing an institutional nfrastructure, such as a legal and regulatory framework that enables the efficient | | | |functioning of the market. | | Correct Marks for this submission: 1/1. Question 10 A Marks: 1 Which of the following was Stormhoek Winery's successful marketing campaign that had volunteers, over a series of days, host dinners that included tasting Stormhoek wine? Choose one answer. |[pic] |a. 100 Geek Dinners in 100 Days. | | |[pic] |b. Stormhoek's May Wine Days. | | |[pic] |c. Stormhoek's Friends, Dinner, and Wine. | | |[pic] |d. Stormhoek's No Grape Before It's Time Wine Tasting Event | |

Incorrect Marks for this submission: 0/1. Question 1 Marks: 1 According to the Electronic Commerce Framework, direct marketing, search jobs, and online banking are Choose one answer. |[pic] |a. electronic commerce applications. | | |[pic] |b. support services. | | |[pic] |c. part of the EC infrastructure. | | |[pic] |d. supply chain management activities. | | Correct Marks for this submission: 1/1. Question 2 Marks: 1 According to O'Reilly (2005), which Web 2. 0 level's applications exist only on the Internet, deriving their effectiveness from interhuman connections and from the network effects that Web 2. makes possible and growing in effectiveness as people make more use of them? Choose one answer. |[pic] |a. Level 0 | | |[pic] |b. Level 3 | | |[pic] |c. Level 1 | | |[pic] |d. Level 2 | | Correct Marks for this submission: 1/1. Question 3 Marks: 1 According to the ________ revenue model, companies receive commissions for referring customers to others' EC websites. Choose one answer. |[pic] |a. advertising fees | | |[pic] |b. subscription fees | | |[pic] |c. affiliate fees | | |[pic] |d. transaction fees | | Correct Marks for this submission: 1/1. Question 4

Marks: 1 Selling corporate products to one's employees is an example of Choose one answer. |[pic] |a. business-to-consumer. | | |[pic] |b. intrabusiness EC. | | |[pic] |c. business-to-business-to-consumer. | | |[pic] |d. collaborative commerce. | | Correct Marks for this submission: 1/1. Question 5 Marks: 1 A corporate or government network that uses Internet tools, such as Web browsers, and Internet protocols best defines Choose one answer. |[pic] |a. social network. | | |[pic] |b. extranet. | | |[pic] |c. intranet. | | |[pic] |d. e-market. | | Correct Marks for this submission: 1/1. Question 6 Marks: 1

The practice and method of collaboratively creating, classifying, and managing tags to annotate and categorize content best defines Choose one answer. |[pic] |a. mashup. | | |[pic] |b. tweeting. | | |[pic] |c. social bookmarking. | | |[pic] |d. folksonomy. | | Correct Marks for this submission: 1/1. Question 7 Marks: 1 An auction in which the buyer places an item for bid on a request for quote system, potential suppliers bid on the job, with the price reducing sequentially, and the lowest bid wins; this describes Choose one answer. |[pic] |a. forward auctions. | | |[pic] |b. reverse auctions. | | [pic] |c. bidding auction system. | | |[pic] |d. tendering system. | | Correct Marks for this submission: 1/1. Question 8 Marks: 1 An electronic storefront includes several mechanisms that are needed for conducting the sale. The most common mechanisms include each of the following except Choose one answer. |[pic] |a. electronic catalog. | | |[pic] |b. search engine. | | |[pic] |c. supply chain. | | |[pic] |d. payment gateway. | | Correct Marks for this submission: 1/1. Question 9 Marks: 1 Facebook, LinkedIn, and catster. com are examples of Choose one answer. |[pic] |a. gender communities. | | |[pic] |b. ommunities of practice. | | |[pic] |c. virtual worlds. | | |[pic] |d. social network sites. | | Correct Marks for this submission: 1/1. Question 10 Marks: 1 Concerns about Web 3. 0 implementation and the future of EC include Choose one answer. |[pic] |a. lack of net neutrality. | | |[pic] |b. wiring for a sustainable world. | | |[pic] |c. the use of 3-D tools. | | |[pic] |d. ownership. | | Incorrect Marks for this submission: 0/1. Question 1 Marks: 1 According to the ________ revenue model, customers pay a fixed amount, usually monthly, to receive some type of service. Choose one answer. |[pic] |a. ubscription fees | | |[pic] |b. transaction fees | | |[pic] |c. advertising fees | | |[pic] |d. affiliate fees | | Correct Marks for this submission: 1/1. Question 2 Marks: 1 The success of the entrepreneurial company JetPens was due to keeping costs low by each of the following methods except Choose one answer. |[pic] |a. using open source free software. | | |[pic] |b. advertising via e-mail. | | |[pic] |c. giving away free samples via social networks. | | |[pic] |d. using smart key words to rank high with search engines. | | Incorrect Marks for this submission: 0/1. Question 3

Marks: 1 As identified by Amit and Zott (2001) which of the following is not one of the four sets of values that are created by e-business? Choose one answer. |[pic] |a. financial efficiency | | |[pic] |b. search and transaction cost efficiency | | |[pic] |c. complementarities | | |[pic] |d. novelty | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 A method of doing business by which a company can generate revenue to sustain itself best defines Choose one answer. [pic] |a. marketing strategy. | | |[pic] |b. business model. | | |[pic] |c. value chain. | | |[pic] |d. business plan. | | Correct Marks for this submission: 1/1. Question 5 Marks: 1 The e-commerce activities conducted in social networks and/or by using social software best describes Choose one answer. |[pic] |a. virtual commerce. | | |[pic] |b. social commerce. | | |[pic] |c. consumer commerce. | | |[pic] |d. enterprise commerce. | | Incorrect Marks for this submission: 0/1. Question 6 Marks: 1 Concerns about Web 3. 0 implementation and the future of EC include Choose one answer. |[pic] |a. ack of net neutrality. | | |[pic] |b. wiring for a sustainable world. | | |[pic] |c. the use of 3-D tools. | | |[pic] |d. ownership. | | Incorrect Marks for this submission: 0/1. Question 7 Marks: 1 An auction in which the buyer places an item for bid on a request for quote system, potential suppliers bid on the job, with the price reducing sequentially, and the lowest bid wins; this describes Choose one answer. |[pic] |a. forward auctions. | | |[pic] |b. reverse auctions. | | |[pic] |c. bidding auction system. | | |[pic] |d. tendering system. | | Correct Marks for this submission: 1/1. Question 8 Marks: 1

A combination of two or more websites into a single website that provides the content of both sites to deliver a novel product to consumers best defines Choose one answer. |[pic] |a. blog. | | |[pic] |b. mashup. | | |[pic] |c. podcast. | | |[pic] |d. wiki. | | Correct Marks for this submission: 1/1. Question 9 Marks: 1 McKinsey and Company's trend predictions include(s) Choose one answer. |[pic] |a. distributed cocreation moves into the mainstream. | | |[pic] |b. imagining anything as a service. | | |[pic] |c. innovation coming from the bottom of the pyramid. | | |[pic] |d. all of the above. | | Correct

Marks for this submission: 1/1. Question 10 Marks: 1 Types of virtual communities include each of the following except Choose one answer. |[pic] |a. relations or practices. | | |[pic] |b. virtual worlds. | | |[pic] |c. mashups. | | |[pic] |d. social networks. | | Correct Marks for this submission: 1/1. Question 1 Marks: 1 Selling corporate products to one's employees is an example of Choose one answer. |[pic] |a. business-to-consumer. | | |[pic] |b. intrabusiness EC. | | |[pic] |c. business-to-business-to-consumer. | | |[pic] |d. collaborative commerce. | | Correct Marks for this submission: 1/1. Question 2

Marks: 1 A broader definition of EC that includes not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners, and conducting electronic transactions within an organization best defines Choose one answer. |[pic] |a. e-commerce. | | |[pic] |b. e-business. | | |[pic] |c. e-government. | | |[pic] |d. e-tailing. | | Correct Marks for this submission: 1/1. Question 3 Marks: 1 Depending on the degree of digitization, EC can take several forms including Choose one answer. |[pic] |a. the ordering system, processing, and shipping method. | | |[pic] |b. he business process, the collaboration, and the transaction. | | |[pic] |c. the payment method, the delivery method, and the production method. | | |[pic] |d. the marketing channel, the agent, and the collaboration method. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 Net-A-Porter's online store is an example of Choose one answer. |[pic] |a. business-to-employees EC. | | |[pic] |b. business-to-consumer EC. | | |[pic] |c. business-to-business EC. | | |[pic] |d. consumer-to-consumer EC. | | Correct Marks for this submission: 1/1. Question 5 Marks: 1 A key success factor for Net-A-Porter is the ability to

Choose one answer. |[pic] |a. buy what customers want from designers. | | |[pic] |b. provide services at a lower cost. | | |[pic] |c. provide products to a niche market. | | |[pic] |d. use IT for competitive advantage. | | Correct Marks for this submission: 1/1. Question 6 Marks: 1 An order-processing technology that allows customers to accumulate items they wish to buy while they continue to shop best defines Choose one answer. |[pic] |a. intelligent agent. | | |[pic] |b. e-fulfillment agent. | | |[pic] |c. electronic shopping cart. | | |[pic] |d. mobile portal. | | Correct Marks for this submission: 1/1.

Question 7 Marks: 1 A marketplace in which an intermediary arranges barter transactions best defines Choose one answer. |[pic] |a. bartering exchange. | | |[pic] |b. forward auction. | | |[pic] |c. blog. | | |[pic] |d. Web portal. | | Correct Marks for this submission: 1/1. Question 8 Marks: 1 A(an) ________ is a single point of access, through a Web browser, to critical business information located inside and outside (via Internet) an organization. Choose one answer. |[pic] |a. browser | | |[pic] |b. intermediary | | |[pic] |c. Web portal | | |[pic] |d. search engine | | Correct

Marks for this submission: 1/1. Question 9 Marks: 1 The entertainment EC activity is supported by Choose one answer. |[pic] |a. Web 2. 0 tools. | | |[pic] |b. e-auctions. | | |[pic] |c. electronic markets. | | |[pic] |d. storefronts. | | Correct Marks for this submission: 1/1. Question 10 Marks: 1 Which of the following refers to communities organized by interest, such as hobbies, technical topic, vocations, political parties, or trade unions? Choose one answer. |[pic] |a. association portals | | |[pic] |b. affinity portals | | |[pic] |c. communities of practice | | [pic] |d. virtual worlds | | Correct Marks for this submission: 1/1. Question 1 According to the ________ revenue model, companies receive commissions for referring customers to others' EC websites. Choose one answer. |[pic] |a. advertising fees | | |[pic] |b. subscription fees | | |[pic] |c. affiliate fees | | |[pic] |d. transaction fees | | Correct Marks for this submission: 1/1. Question 2 Marks: 1 An e-commerce model in which all the participants are businesses or other organizations describes Choose one answer. |[pic] |a. business-to-consumer. | | |[pic] |b. usiness-to-business. | | |[pic] |c. business-to-business-to-consumer. | | |[pic] |d. consumer-to-business. | | Correct Marks for this submission: 1/1. Question 3 Marks: 1 Each of the following is a benefit of EC to society except Choose one answer. |[pic] |a. more public services. | | |[pic] |b. closing the digital divide. | | |[pic] |c. fewer permits and less tax. | | |[pic] |d. improving homeland security. | | Correct Marks for this submission: 1/1. Question 4 Marks: 1 According to O'Reilly (2005), which Web 2. 0 level's applications work as well offline as online? Choose one answer. |[pic] |a. Level 0 | | [pic] |b. Level 3 | | |[pic] |c. Level 1 | | |[pic] |d. Level 2 | | Correct Marks for this submission: 1/1. Question 5 Marks: 1 G2B occurs when Choose one answer. |[pic] |a. a government entity buys or provides goods, services, or information from or to individual citizens. | | |[pic] |b. a government entity buys or provides goods, services, or information from or to businesses. | | |[pic] |c. a government entity buys or provides goods, services, or information from or to other governments. | | |[pic] |d. a government entity buys or provides goods, services, or information from or to nonprofit organizations. | Correct Marks for this submission: 1/1. Question 6 Marks: 1 The emergence of electronic marketplaces changed several of the processes used in trading and supply chains including Choose one answer. |[pic] |a. lowering information search time and cost for buyers. | | |[pic] |b. the ability of buyers, sellers, and the virtual market to each be in a different location. | | |[pic] |c. the ability for EC to leverage capabilities with increased effectiveness and lower transaction and distribution costs,| | | |leading to more efficient "friction-free" markets. | | |[pic] |d. all of the above. | Correct Marks for this submission: 1/1. Question 7 Marks: 1 Types of virtual communities include each of the following except Choose one answer. |[pic] |a. relations or practices. | | |[pic] |b. virtual worlds. | | |[pic] |c. mashups. | | |[pic] |d. social networks. | | Correct Marks for this submission: 1/1. Question 8 Marks: 1 A combination of two or more websites into a single website that provides the content of both sites to deliver a novel product to consumers best defines Choose one answer. |[pic] |a. blog. | | |[pic] |b. mashup. | | |[pic] |c. podcast. | | |[pic] |d. wiki. | | Correct

Marks for this submission: 1/1. Question 9 Marks: 1 Traditional and electronic markets have three main functions, which include each of the following except Choose one answer. |[pic] |a. matching buyers and sellers. | | |[pic] |b. facilitating the exchange of information, goods, services, and payments associated with market transactions. | | |[pic] |c. financing the transformation of raw materials into finished products. | | |[pic] |d. providing an institutional infrastructure, such as a legal and regulatory framework that enables the efficient | | | |functioning of the market. | Correct Marks for this submission: 1/1. Question 10 Marks: 1 An evolving extension of the Web in which Web content can be expressed not only in natural language, but also in a form that can be understood, interpreted, and used by intelligent computer software agents, permitting them to find, share, and integrate information more easily describes Choose one answer. |[pic] |a. Web 4. 0. | | |[pic] |b. Camelot Web. | | |[pic] |c. Web 2. 0. | | |[pic] |d. Semantic Web. | | Correct Marks for this submission: 1/1.

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